Compagnie Des Alpes Sa (CLPIF) Q4 2022 Earnings Call

Investor webinar replay

Replay transcript excerpt

Nothing has changed, we are no longer in the theater, we are in the Colonne room. Welcome to the Grévin Museum, one of the jewels of the company of the Alps, as you all know. This morning, we will present you the annual results that were made public just before the opening of the markets. Very quickly, we will prepare a certain number of slides and above all we will answer your questions. who is the general director-delegate, Alexia Cadu, who is the financial director, and then all the others, a few other members of the management team are here and will be able to answer your questions, which I imagine are numerous. We will try to answer these questions in advance during this presentation. A fairly short presentation that takes up the main elements of the communication that you had in your hands. There are not too many slides of PowerPoint with arrows that go from square to round or the other way around. We tried to limit all this to go straight to the essential. So here is the striking effect of the exercise. An exercise, a year ago we were talking about it earlier, a year ago we were fighting with sanitary pass, not sanitary pass to climb in the mechanical climbs. So that was, but finally we had a good level of frequentation in the ski areas, at the limit of the British market which, as you know, has been closed until mid-January, second half of January, we will say, and which obviously felt the absence of this clientele The first month and a half, the first six weeks of the season, we felt it on the volumes. We'll see it later. On the other hand, a very strong growth, especially in our amusement parks, where we passed the 10 million euro threshold. You saw it in October when we announced our results, our turnover, sorry, turnover. For the first time in the history...